Bunge Limited (BG) Stake Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in Bunge Limited (NYSE:BG) by 1.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,053,357 shares of the company’s stock after buying an additional 20,933 shares during the period. Dimensional Fund Advisors LP owned approximately 1.47% of Bunge Limited worth $148,316,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of BG. Paloma Partners Management Co boosted its stake in Bunge Limited by 40.8% in the second quarter. Paloma Partners Management Co now owns 115,693 shares of the company’s stock valued at $6,843,000 after buying an additional 33,530 shares in the last quarter. Probity Advisors Inc. purchased a new stake in Bunge Limited during the second quarter valued at about $1,394,000. Carlson Capital L P boosted its stake in Bunge Limited by 18.6% in the second quarter. Carlson Capital L P now owns 3,100,200 shares of the company’s stock valued at $183,377,000 after buying an additional 486,000 shares in the last quarter. Anchor Bolt Capital LP boosted its stake in Bunge Limited by 15.4% in the second quarter. Anchor Bolt Capital LP now owns 819,127 shares of the company’s stock valued at $48,451,000 after buying an additional 109,551 shares in the last quarter. Finally, Usca Ria LLC boosted its stake in Bunge Limited by 24.0% in the second quarter. Usca Ria LLC now owns 37,701 shares of the company’s stock valued at $2,230,000 after buying an additional 7,301 shares in the last quarter. Institutional investors and hedge funds own 78.49% of the company’s stock.

Institutional Ownership by Quarter for Bunge Limited (NYSE:BG)

Shares of Bunge Limited (NYSE:BG) traded up 2.02% during trading on Friday, hitting $76.89. 248,938 shares of the stock were exchanged. The firm has a 50 day moving average of $69.76 and a 200-day moving average of $66.11. The stock has a market cap of $10.72 billion, a PE ratio of 17.11 and a beta of 1.04. Bunge Limited has a 52-week low of $48.74 and a 52-week high of $76.93.

Bunge Limited (NYSE:BG) last announced its quarterly earnings results on Wednesday, February 15th. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.14. Bunge Limited had a net margin of 1.58% and a return on equity of 10.38%. The firm earned $12.06 billion during the quarter, compared to analyst estimates of $11.43 billion. During the same period in the previous year, the business posted $1.49 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities research analysts anticipate that Bunge Limited will post $4.48 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 2nd. Stockholders of record on Thursday, February 16th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Tuesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.23%. Bunge Limited’s dividend payout ratio is presently 37.75%.

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Several analysts have issued reports on the stock. Piper Jaffray Companies set a $82.00 target price on shares of Bunge Limited and gave the stock a “buy” rating in a research note on Wednesday, December 14th. Zacks Investment Research cut shares of Bunge Limited from a “buy” rating to a “hold” rating in a research note on Monday, January 9th. Finally, TheStreet upgraded shares of Bunge Limited from a “hold” rating to a “buy” rating in a research note on Monday, November 21st. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $72.86.

Bunge Limited Company Profile

Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company is an oilseed processor and producer of vegetable oils and protein meals; grain processor; seller of packaged vegetable oils across the world; producer and seller of wheat flours and bakery mixes, dry milled corn products and milled rice products, and producer of sugar and ethanol in Brazil, and global trader and merchandiser of sugar.

5 Day Chart for NYSE:BG

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